Damus
Lyn Alden profile picture
Lyn Alden
@LynAlden
The current price for some bitcoin is about $36.5k, since the price is set around the margins. That price is liquidity constrained. If someone wants to buy a lot at once, it'll be at a higher price.

Unless someone can hack or break the network, the price for any of *my* bitcoin starts in the six figures, and even then only slowly in small fractions, depending on what else is happening and what else I can buy. And a lot of people are like that, probably two-thirds of bitcoin hodlers.

Bitcoin is my preferred money. In order to make me part with some of my money, I need to see something I want/need to consume or an investment security that I expect to outperform my money on a risk-adjusted basis. That's not an easy hurdle.
3010❤️39🤙54💯4❤️3🚀3:zap:1
Ron Denham · 125w
Your approach is same as my friends
ĐaꝞꭵꞧuꞩ.₿ 🟠 · 125w
This deserves to be put in front of the eyeballs of basically everyone.
wil · 125w
nostr:npub15879mltlln6k8jy32k6xvagmtqx3zhsndchcey8gjyectwldk88sq5kv0n
Keysa - Simplest Bitcoin Edu · 125w
Do you, or anyone here, know what percent of the current bitcoin supply is on exchanges atm? Was trying to explain a supply squeeze to a friend today (neither of us have macro knowledge, but I do my best to learn from you and others:)
BTC_P2P · 125w
nostr:note15cr0z47wfxr3cnx6r9lrpaaxy7fv6r64t5tvu8ajy4g0ng66m9fswjk64l
jerrud · 125w
Six figures would wake a lot of folks. But if it can go to six, it can go to seven in time. And what in the shit would I buy with it. Then again one has to enjoy one’s wealth or it’s not wealth.
Des Imoto マキシ · 125w
Seems short sighted. The idea is for #Bitcoin to become the money of the future, for the world. Hyperbitcoinization means the exchange rate vs USD goes to infinity. Yes, between now and then the purchasing power for goods and services of your Bitcoin increases extremely, but why give up way before t...
Theory of Everything · 125w
I made an art project visualization of quantum string theory while I was living abroad. I started by drawing and painting the shapes from my mind on paper with pen, Then canvas and paint, And I made a presentation of these works at Universitit Der Kunst Berlin, And it was a lot of fun. Eventually I ...
Mark Camper · 125w
Do you think we'll soon see 2 prices? ETF implied price & the street market price?
Dash · 125w
I'd say the price should be similar to a seat on a lifeboat on the Titanic. If you were sitting on one of those and someone tried to buy it off you how many prices of paper would it take? 1 million? 10 million? Maybe they could offer you a 1 trillion dollar coin for it. How much monopoly money is en...
3j2009 · 125w
The question is WHAT PRICE does #bitcoin have to go to and how fast does it need to get there to trigger seasoned hodler's to sell some for fiat? The price for *my* BTC is >$500,000usd. There's a price air-gap $70k to x>$200k imo. Let it squeeze.
Theory of Everything · 125w
These are available size 36” X 36” https://image.nostr.build/0533cc8741dae85c910e2b9872c5cccc0b1c9118e6bcc65b069e91ed5689fd46.jpg
crimsonleaf363 · 125w
Have you ever spoken to Jim Rickards?
QW · 125w
🧡🫂✊🏻🫂💜
Narwhal Tacos · 125w
You state it exceptionally well, but I really need to add that for myself, and a significant percentage of Bitcoin ‘Hodlers’, the price that will be parted at will be determined by my children. This is what isn’t priced into current markets. Not by far. “I don’t buy Bitcoin for my first n...
Sovereign Being · 125w
Realistically and unfortunately, the price for someone else’s Bitcoin could be $5k, because they never did their homework.
BitcoinSandy · 125w
This will be interesting as they are closing all the retail on / off ramps. My personal journey is a circular bitcoin economy one and nothing less. A CBDC world won’t welcome your bitcoin sale
KaMeek Lucas Taitt · 125w
Preach!
Charlie Huynh · 125w
https://image.nostr.build/0464842a373efc9cf4904df062e477959c6340cf1147f3406f5790017cd0fb29.jpg